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If the market and your mortgage have tossed you a curve, you’re not alone.

By
Real Estate Agent with SANDALS REALTY GROUP, INC

If the market and your mortgage have tossed you a curve, you’re not alone

 

Millions of homeowners are at a crossroads right now

 

In the midst of a massive economic downturn, the most significant financial asset that many Americans assumed they could always fall back on has turned into a financial liability for a large percentage of the population. Second quarter 2011 statistics from Corelogic show that 10.9 million, or 22.5 percent, of all residential properties with a mortgage were “underwater,” meaning they owed more on their mortgage than they could sell their home for today’s market. Add to that an unemployment rate that’s above 9 percent coupled, with widespread underemployment, and you have a situation where millions of homeowners are drowning in debt.

 

As a distress property specialist, my mission is to work closely with you, drawing upon all of my expertise and resources throughout our community to navigate the best possible solution for you and to help you make a fresh start on your life.

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